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10 December 2024 | 17 replies
Additionally, I normally build in at least 7% of the purchase price going towards transaction costs when selling a property.
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5 December 2024 | 7 replies
If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?
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7 December 2024 | 5 replies
Also, I'd lease out the other bedrooms for additional income as well as practice screening, leasing, and interpersonal comms.
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10 December 2024 | 13 replies
@Eric Lowe Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.
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7 December 2024 | 1 reply
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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9 December 2024 | 11 replies
In addition, real estate is already tax advantaged, so you’re losing the tax advantages of owning real estate.Personally, I think real estate notes are better suited for self directed IRAs personally because you can get decent returns and notes not held in IRA is not tax advantaged.
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12 December 2024 | 19 replies
Luckily, we were able to fix the problem by adding an additional clean-out closer to the street, at the front of the property, and clearing out the roots in the pipes.
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9 December 2024 | 2 replies
Proc. 2018-58, 2018-50 IRB 990 (Dec. 10, 2018), that are due to be performed on or after Oct. 5, 2024, and before May 1, 2025, are granted additional time to file through May 1, 2025." the 45 day identification deadline is extended because Rev.
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7 December 2024 | 17 replies
If you're ever looking for any additional advice/information feel free to reach out!
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9 December 2024 | 14 replies
I know that @John Underwood for example provides TV in addition to streaming at some of his places.